Jake Holmes Senior Solicitor
Jake is a Senior Solicitor working in both the Business Support & Insolvency team and the Banking & Finance team based in Reading. Jake has experience of contentious financial services, partnership, company and insolvency disputes, as well as dealing with transactional banking & finance matters.
Business Support & Insolvency
Main areas of practice
Jake advises insolvency practitioners, banks, landlords and creditors, as well as the directors and owners of distressed businesses on all aspects of corporate restructuring and insolvency.
He is regularly instructed in relation to claims for and against insolvency practitioners, including preference claims, transaction at undervalue claims, transactions to defraud creditors claims, misfeasance claims, unlawful dividends claims, director's loan account claims and use of officeholders' investigatory powers.
Jake has particular expertise in issuing and defending statutory demands, bankruptcy and winding-up petitions.
Jake mainly acts for insolvency practitioners acting as trustee in bankruptcy in relation to bankrupt estates or as administrators or liquidators of insolvent companies.
Banking & Finance
Main areas of practice
Jake has experience in acquisition finance, property finance and asset finance. He advises banks, corporate and individual investors and other institutional lenders and borrowers across a variety of sectors. Jake is responsible for drafting and reviewing facility documentation, negotiating security, preparing sale and purchase agreements and undertaking complex security reviews.
Jake assists the team in advising banks, other institutional lenders and borrowers.
Jake assisted with the first ever winding-up of a credit union, which involved negotiating with the FCA and FSCS to dispense with the advertising requirement for winding-up petitions.
Related Knowledge & Resources
The long awaited final part of the FCA's review of the motor finance sector has arrived; are there any nasty surprises lurking for the industry to be worried about?
Our expert explains the changes to the Criminal Offences Act and what you need to to to reduce the risk to your business.
On 26 June 2017, the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 ("the New Regulations") came into force. Read an overview here.
With the clock ticking, and just over a month until the changes to the regulation of payment services and e-money come into force, the revised regime will see a significant change to the way in which payment services and e-money are regulated.